M4M 11.1% 0.8¢ macro metals limited

Ann: Pilbara Exploration Strategy Update, page-26

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  1. 282 Posts.
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    Yes, but have you taken a look at the two high density gravity anomolies at Goldsworthy East? Together they add up to around 1 billion tons and they are due to be drilled within weeks. The anomolies are shallow and they have recently discovered a hemotite outcrop right on top of the southern anomoly. It is almost exactly the same material that was mined from the historic Goldsworthy mine just a mile away. Until it is drilled, we won't know if it is iron ore or not, but the prospects inidcated by the outcrop are really good. It is no exageration to say that if this proves to be iron ore, then the discovery will be a ten bagger, at least, for this stock. Just do the maths. We will have to wait and see.
    Last edited by Tigerthecat: 05/09/24
 
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